EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Reliance Global Group's enterprise value is $15.20 Mil.
Reliance Global Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-9.93 Mil. Therefore, Reliance Global Group's EV-to-EBITDA for today is -1.53.
The historical rank and industry rank for Reliance Global Group's EV-to-EBITDA or its related term are showing as below:
RELI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -732.37 Med: -18.39 Max: 8857.96
Current: -1.53
During the past 10 years, the highest EV-to-EBITDA of Reliance Global Group was 8857.96. The lowest was -732.37. And the median was -18.39.
RELI's EV-to-EBITDA is ranked worse than 100% of 328
companies
in the Insurance industry
Industry Median: 7.305
vs RELI: -1.53
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Reliance Global Group EV-to-EBITDA Historical Data
The historical data trend for Reliance Global Group's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Reliance Global Group's EV-to-EBITDA
For the Insurance Brokers subindustry, Reliance Global Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Reliance Global Group's EV-to-EBITDA Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Reliance Global Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reliance Global Group's EV-to-EBITDA falls into.
Reliance Global Group's current Enterprise Value is $15.20 Mil.
Reliance Global Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.93 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Reliance Global Group (NAS:RELI) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Reliance Global Group's PE Ratio for today is calculated as:
Reliance Global Group's share price for today is $0.266.
Reliance Global Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.150.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Reliance Global Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance Global Group (Reliance Global Group) Business Description
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. It generates revenue in the form of commissions.
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